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Iridium Communications Inc. Director's Dealing 2011

Feb 22, 2011

31757_dirs_2011-02-22_69f66cfd-ed9d-40d2-881c-503fbf8bb32b.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Iridium Communications Inc. (IRDM)
CIK: 0001418819
Period of Report: 2011-02-21

Reporting Person: Campbell John Howard (EVP, Iridium Satellite LLC)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-02-21 Employee Stock Option (right to buy) $8.31 A 90000 Acquired 2021-02-21 Common Stock (90000) Direct

Footnotes

F1: 22,500 shares of common stock underlying the option vest on February 21, 2012 and with regard to the balance of 67,500 shares of common stock underlying the option, vesting commences on February 21, 2012 in twelve equal quarterly installments.